SGB Executive Outdoor

R.G. Barry to Make Levi Strauss Slippers and Sandals

R.G. Barry Corp signed a licensing agreement with Levi Strauss to make and market a new line of slippers and sandals under the Levi Strauss name. Slippers will launch in Fall 2009 with sandals to launch in Spring 2010…

Li and Fung Ltd. Posts 20% Sales Gain in 2008

Li & Fung Ltd. reported revenue grew 20% in its year ended Dec. 31, to HK$110.7 billion (U.S. $14.2 billion). The gains were due to “resilient organic growth” as well as a number of outsourcing deals and acquisitions. The Group’s core operating profit d

Nike to Trim Shipments from China, Vietnam; Close HI Niketown

Nike said it plans to stop orders from three footwear factories in China and one in Vietnam as the global downturn forces the company to trim output, acccording to published reports. Additionally, Nike will cancel shipments from several apparel contract p

Ironclad’s Q4 Revenues Slide 22.9%

Ironclad Performance Wear reported net sales for the fourth quarter of 2008 of $4.1 million, a decrease of 22.9% percent a year ago. The loss from operations declined to $170,000 compared to a loss of $444,000 during the same period in 2007…

Canoecopia Shows Paddling Still Recession-Resistant

Canoecopia is hosted by Rutabaga, The Paddlesport Shop, which has been presenting and hosting Canoecopia for more than 30 years. It has become something of a bellwether for the paddlesports industry, being the first major show of the season…

Orange 21 Reduces Compensation by 10%

Orange 21 has filed an 8-K with the SEC stating that on Mar. 13, 2009, the company temporarily reduced compensation for its U.S. employees, including its named executive officers, 10% for approximately the next three months…

Perry Ellis Posts Loss as Revenues Slide 10%

Perry Ellis International Inc. reported a net loss was $21.6 million, or $1.58 a share, compared with net income of $9.9 million, or 65 cents a share, a year ago. Excluding charges to reduce the reported value of certain trademarks and leasehold improveme

Polarmax Hires Two New Marketing Team Members

Longworth Industries, parent company of Polarmax, has added two new members to the Marketing team: Donny Stanley, Director Creative Services and Emily Carter, Marketing Product Manager…

Shoe Carnival’s Q4 Comps Decline 8.3%

Shoe Carnival's sales for the fourth quarter declined 9.4% to $156.9 million from $164.3 million last year, as comps decreased 8.3%. The family footwear chain lost $3.0 million, or 24 cents a share, in the period against earnings of $1.1 million, or

Eddie Bauer Posts Q4 Loss; Comps Drop 5.7%

Eddie Bauer Holdings, Inc. reported a net loss for the fourth quarter of $127.5 million, or $4.13 per share, compared to a net loss of $18.2 million, or 59 cents, a year ago. Adjusted EBITDA decreased to $54.0 million from $59 million for the fourth quart

SandP lowers Quiksilver ratings to ‘B-‘

Standard & Poor's Ratings Services lowered its ratings on Quiksilver Inc. to “B-” from “B+” and placed them on “CreditWatch” for possible further downgrades after the credit agency's review is complete…

Pennsylvania Sporting Goods Stores Protest Hunting Bill

Owners of several sporting goods stores are complaining about a bill introduced recently in the state General Assembly, which would remove rules that require hunters to display hunting licenses in back tags. Instead, hunters would carry wallet-sized licen